Registered Number
:
00515283
|
For the year ended 31 May 2018
England and Wales
Report of the Directors and Unaudited Financial Statements
For the year ended 31 May 2018
A GREEN COACHES LTD
Contents Page
2
Directors' Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6 to 8
Notes to the Financial Statements
For the year ended 31 May 2018
A GREEN COACHES LTD
Company Information
Janis Grover
Directors
Keith Richards
00515283
357A HOE STREET
WALTHAMsTOW
LONDON
E17 9AP
Premier Accountancy
Accountants
8 Haldane Close
Enfield Island Villlage
Enfield
Middlesex
EN3 6XN
1 of 8
For the year ended 31 May 2018
A GREEN COACHES LTD
Directors' Report
The directors present their report and accounts for the year ended 31 May 2018.
The principal activity of the company continued to be that of
Directors
The directors who served the company throughout the year were as follows:
Janis Grover
Keith Richards
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
|
26 February 2019
2 of 8
For the year ended 31 May 2018
A GREEN COACHES LTD
Independent Accountants' Report
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements
|
for the year ended
31
May
2018
and you consider that the company is exempt from an audit under the Companies Act
|
2006
.
In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist
|
you to fulfil your statutory responsibilities
,
from the accounting records and information and explanations supplied to
|
us
.
|
Premier Accountancy
Robert Damerell
8 Haldane Close
Enfield Island Villlage
Enfield
Middlesex
EN3 6XN
26 February 2019
3 of 8
For the year ended 31 May 2018
A GREEN COACHES LTD
Income Statement
2017
2018
276,829
218,534
(95,412)
(93,281)
123,122
Gross profit
183,548
(118,594)
(87,541)
Operating profit
64,954
35,581
Interest payable and similar charges
|
(4,736)
(6,330)
60,218
29,251
Profit before taxation
60,218
Profit for the financial year
29,251
4 of 8
A GREEN COACHES LTD
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
25,844
72,518
2
14,532
14,532
3
40,376
87,050
Trade and other receivables
|
53,009
94,247
4
5,520
Cash and cash equivalents
|
4,840
99,087
58,529
Trade and other payables
:
amounts falling due within one
|
year
|
(47,532)
25,276
5
10,997
124,363
Net current assets
Total assets less current liabilities
|
164,739
98,047
Trade and other payables
:
amounts falling due after more
|
than one year
|
(5,408)
(11,882)
6
152,857
Net assets
92,639
1,000
1,000
151,857
91,640
152,857
92,640
Shareholders' funds
For the year ended 31 May 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 26 February 2019 and were signed by:
|
The notes form part of these financial statements
|
5 of 8
For the year ended 31 May 2018
A GREEN COACHES LTD
Notes to the Financial Statements
Statutory Information
A GREEN COACHES LTD is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
00515283
.
|
357A HOE STREET
WALTHAMsTOW
LONDON
E17 9AP
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Motor vehicles
No depreciation is provided on the company
''
s freehold properties since in the opinion of the directors the expected
|
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
|
would be immaterial
.
The directors undertake an annual impairment review of these properties
.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
|
6 of 8
For the year ended 31 May 2018
A GREEN COACHES LTD
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
261,500
261,500
Provision for depreciation and impairment
|
188,982
Charge for year
46,674
235,656
25,844
72,518
3
.
Investments held as fixed assets
|
14,532
14,532
14,532
14,532
14,532
14,532
14,532
14,532
4
.
Trade and other receivables
|
2017
2018
88,401
41,802
5,846
11,207
53,009
94,247
7 of 8
For the year ended 31 May 2018
A GREEN COACHES LTD
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
30,846
63,826
-
1
Taxation and social security
|
2,326
-
(58,448)
(16,295)
(25,276)
47,532
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2017
2018
11,882
5,408
8 of 8